Tax-withholding share disposal by Logitech (NASDAQ: LOGI) CEO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LOGITECH INTERNATIONAL S.A. Chief Executive Officer Johanna W. Faber reported a tax-related share disposition. On February 15, 2026, she surrendered 7,388 registered shares to the company in an exempt disposition to satisfy tax withholding obligations arising from the vesting of previously reported RSUs. The price per share was reported as $89.006, based on a CHF 68.46 closing price on the SIX Swiss Exchange converted at an exchange rate of 1 CHF to $1.30012 as of February 13, 2026. After this transaction, she directly held 14,815 registered shares. An additional 11 shares are reported as held indirectly by her adult children.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Faber Johanna W.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Registered Shares | 7,388 | $89.006 | $658K |
| holding | Registered Shares | -- | -- | -- |
Holdings After Transaction:
Registered Shares — 14,815 shares (Direct);
Registered Shares — 11 shares (Indirect, See footnote)
Footnotes (1)
- In an exempt disposition to the Issuer under rule 16b-3(e), the recipient remitted shares to the Issuer in connection with the satisfaction of tax withholding obligations arising out of the vesting of shares with respect to previously reported RSUs. The reported amount represents the closing price on the SIX Swiss Exchange of CHF 68.46, as converted into U.S. dollars at the exchange rate of 1 CHF to U.S. $1.30012, as in effect on February 13, 2026. The share are held by the Reporting Person's adult children.
FAQ
What insider transaction did LOGI CEO Johanna W. Faber report on February 15, 2026?
Johanna W. Faber reported an exempt disposition of shares to Logitech. She remitted shares back to the company to cover tax withholding obligations triggered by the vesting of previously reported restricted stock units, rather than executing an open-market sale.
Was the Logitech (LOGI) CEO’s Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. It was an exempt disposition to Logitech under Rule 16b-3(e), where shares were remitted back to the issuer solely to satisfy tax withholding obligations from vesting restricted stock units.